Is Terrace Included in Carpet Area?
When searching for a new home or property to purchase, one key consideration is the area that you're getting for your money. This often leads to questions about whether a terrace is included in the so-called 'carpet area'.
Before delving into the specifics, let's ensure we understand these two terms. The 'carpet area' is the area of the apartment measured from the outer walls, excluding the thickness of the walls. The 'built-up area', on the other hand, includes the thickness of the walls and is effectively the area that you can actually use or 'carpet'.
What is a Terrace?
A terrace is typically an open, uncovered outdoor space or platform, usually found in multi-story buildings. It could be part of the balcony or a separate area for relaxation, entertainment or gardening.
However, the inclusion of a terrace in the property area can vary greatly depending on the local real estate regulations and the way the developer has calculated the total area.
When is a Terrace Included in the Built-Up Area?
If the terrace is accessible and usable, such as a breezway or a room with a convertible roof, it may be included in the built-up area. This is because it adds to the usable square footage of the property.
In some cases, developers may also include a terrace in the built-up area if it's part of the architectural design and considered a habitable space. However, this is more common in commercial properties than residential ones.
When is a Terrace Excluded from the Built-Up Area?
In many instances, a terrace is not included in the built-up area. This is often the case with open-air terraces, like those typically found on the roof of a building, or with terraces that are not accessible from the main living space.
When a terrace is not included in the built-up area, it's typically sold separately or not sold at all. Also, the construction and maintenance costs of such a terrace are usually not borne by the property owner.
Why Does it Matter?
Whether or not a terrace is included in the built-up area can significantly impact the price per square foot of a property. Therefore, it's crucial to understand what is included in the area you're paying for, especially when comparing properties.
Furthermore, if the terrace is not included in the built-up area, you might need to factor in additional costs for accessing or maintaining it. In some cases, these costs can be substantial, making the property less affordable than it initially seems.
In summary, it's important to fully understand what's included in a property's area, including terraces. This helps you make a more informed decision and avoid any nasty surprises down the line. When in doubt, always consult with a real estate professional or legal expert.